Exit Financing means the financing under the Exit Facility.
Exit Financing means, together, (a) a senior secured or unsecured term loan and/or the issuance of senior secured or unsecured notes which, in the aggregate, have a principal amount of $750 million and (b) a senior secured revolver facility up to a principal amount of $250 million entered into pursuant to an Exit Credit Facility Agreement.
Exit Financing means the debt instruments to be issued or executed as part of any exit financing facility or other lender arrangement obtained by the Debtors prior to the Effective Date (excluding the New Subordinated Notes) in form and substance reasonably acceptable to the GenOn Steering Committee and, to the extent they are Exit Financing Parties, the Backstop Parties, which may include the New Senior Secured Notes, the New Exit Credit Facility Term Loans, the New Exit Credit Facility Revolving Loans, and/or one or more alternative financing instruments issued and/or executed in connection with the Exit Financing.
Examples of Exit Financing in a sentence
In connection with the performance of its obligations and the exercise of its rights under this Agreement, the Collateral Agent shall enjoy all the rights, prerogatives and benefits set out in the Indenture, including the right to request instruction from the Trustee or the Secured Parties of the Exit Financing to carry out any acts to be performed hereunder.
In connection with the performance of its obligations and the exercise of its rights under this Agreement, the Collateral Agent shall enjoy all the rights, prerogatives and benefits set out in the Indenture, including the right to request instruction from the Indenture Trustee or the Secured Parties of the Exit Financing to carry out any acts to be performed hereunder.
More Definitions of Exit Financing
Exit Financing means such financing agreement(s) or commitment(s) as the Debtors may enter into to provide the Reorganized Debtors with appropriate credit availability.
Exit Financing means that certain exit financing contemplated by the New Credit Agreement (as defined by the Amended Plan).
Exit Financing means the debt instruments to be issued or executed as part of the Exit First Lien Term Loan Facility, the Exit Second Lien Term Loan Facility, and any additional exit financing that may be obtained by Reorganized Quoizel, as determined by the Initial Plan Sponsors.
Exit Financing means that certain financing to finance the Reorganization Plan expected to be composed of the Senior Term Loan Facility, the ABL Facility, the Euro Securitization, the Notes and the First Lien Notes.
Exit Financing means the Exit Facility sufficient to fund, among other things, the transactions contemplated by the Plan and the working capital requirements of the Reorganized Debtor subsequent to the Effective Date.
Exit Financing means (a) the credit facilities for post-Effective Date operations, substantially on the terms set forth in the Credit Agreements and (b) the Senior Secured Notes issuance, substantially on the terms set forth in the Senior Secured Notes Indenture.
Exit Financing means any exit financing facility or other lending arrangement obtained by the Debtors prior to the Effective Date, which facility may include a grant of security interest in certain of the Debtors’ assets.